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Commerce Commission - Latest News [Page 5]
Not So Promising? Noel Leeming's 'Price Promise' Leads To Criminal Charges
Monday, 21 July 2025, 8:44 am | Commerce Commission
For over a decade Noel Leeming has prominently promoted their ‘Price Promise,’ which is their commitment to match any competitors’ price. We believe their price promise claim was misleading and in breach of the Fair Trading Act, Deputy Chair ... More >>
ComCom Saves Businesses $90 Million A Year In Payment Costs
Thursday, 17 July 2025, 8:14 am | Commerce Commission
This decision cuts the cost for businesses accepting payments made through credit cards and foreign-issued cards, which are often the most expensive for businesses to accept. More >>
Commerce Commission To File Proceedings Against Foodstuffs North Island And Gilmours, Alleging Cartel Conduct
Tuesday, 15 July 2025, 8:17 am | Commerce Commission
The Commission investigated agreements that FSNI and Gilmours entered into with a national grocery supplier regarding the supply of products to a hospitality customer. More >>
Foodstuffs North Island Warned For Likely Breaking Grocery Competition Law
Wednesday, 2 July 2025, 7:57 am | Commerce Commission
“We believe that Foodstuffs North Island likely breached a fundamental aspect of the Supply Code which is that retailers deal with suppliers in good faith at all times,” Grocery Commissioner Pierre van Heerden says. More >>
Commission To Release Statement Of Unresolved Issues On Proposed Equine Vet Merger
Thursday, 19 June 2025, 4:12 pm | Commerce Commission
The Statement of Unresolved Issues will be published on the Commission’s case register in due course, and outline the Commission’s provisional competition issues with the proposed acquisition. The Statement of Unresolved Issues will invite submissions ... More >>
Statement Of Preliminary Issues Released For Mauri's Proposed Acquisition Of Farmers Mill
Wednesday, 18 June 2025, 1:23 pm | Commerce Commission
The statement outlines the key competition issues that the Commission considers important in deciding whether to grant clearance to the proposed acquisition. The Commission is currently scheduled to make a decision on the application by 7 August 2025. More >>
Commission Grants Clearance For Omnicom To Acquire Interpublic
Tuesday, 17 June 2025, 3:23 pm | Commerce Commission
Deputy Chair Anne Callinan said that the Commission was satisfied that the acquisition is unlikely to substantially lessen competition in any New Zealand market. More >>
Mauri Seeks Clearance To Acquire Farmers Mill
Thursday, 12 June 2025, 3:53 pm | Commerce Commission
Both Farmers Mill and Mauri mill wheat into flour and supply this flour to customers across New Zealand. More >>
ComCom Prosecutes Unregistered Lender Who Targeted Vulnerable Consumers
Thursday, 12 June 2025, 2:07 pm | Commerce Commission
The Commission has prioritised enforcement action against lenders who have not met their obligations under the CCCFA. The Commission is particularly focussed on lenders who provide credit to vulnerable consumers in New Zealand. More >>
Viridian Seeks Clearance To Acquire Metro Performance Glass
Thursday, 5 June 2025, 8:39 am | Commerce Commission
Metro Performance Glass is a publicly listed company that, like Viridian Glass, is involved in the processing and installation of glass in New Zealand, and also has plants in Auckland and Christchurch. More >>
ComCom Moves To Disrupt Power Structures In Groceries
Thursday, 5 June 2025, 7:08 am | Commerce Commission
The Commission will consider submissions on the preliminary findings and will gather further information to make decisions on whether changes are needed. A final report on the wholesale supply inquiry will likely be completed in 2026. More >>
El Cheapo Cars Ordered To Compensate Hundreds Of Borrowers Following Criminal Charges
Wednesday, 28 May 2025, 2:46 pm | Commerce Commission
Commerce Commission General Manager for Competition, Fair Trading and Credit, Vanessa Horne, says that protecting vulnerable consumer groups is a core priority for the Commission — making this case particularly important. More >>
Possible Cartel Conduct Sparks Compliance Advice
Thursday, 15 May 2025, 3:58 pm | Commerce Commission
Trade associations, professional bodies and their members should be aware they could be held liable under the Commerce Act if conduct is shown to be anti-competitive. Penalties for breaching the Commerce Act can be severe, including potential imprisonment. More >>
Commission Grants Clearance For Contact’s Proposed Acquisition Of Manawa
Wednesday, 7 May 2025, 8:52 am | Commerce Commission
The Commission initially raised concerns about the acquisition, but after further investigation, Chair Dr John Small said the Commission is satisfied that the acquisition is unlikely to substantially lessen competition in any New Zealand market. More >>
Former LG New Zealand Staff Plead Guilty To Criminal Charges After Messages Were Deleted
Wednesday, 23 April 2025, 12:20 pm | Commerce Commission
Speaking about the matter, Commission Chair Dr John Small said the conduct showed a blatant disregard for the Commission’s processes and the law. More >>
Commission Grants Clearance For Woolworths To Acquire Beak & Johnston
Thursday, 17 April 2025, 11:29 am | Commerce Commission
Chair Dr John Small said the Commission was satisfied the acquisition is unlikely to substantially lessen competition in any New Zealand market. More >>
Smoother Sailing Ahead For Interislander Refunds
Thursday, 17 April 2025, 7:40 am | Commerce Commission
KiwiRail has committed to compensate all affected consumers, re-evaluate previous claims for compensation, and update its policies and terms and conditions to make sure they are in line with consumer law. The Commission can enforce these commitments ... More >>
Improved Transparency And Accountability For Consumers: Commission Publishes Letter Of Expectations For Watercare
Thursday, 17 April 2025, 7:34 am | Commerce Commission
Commission Chair Dr John Small says the Crown monitor function is critical to ensuring Aucklanders benefit from appropriate prices and services as Watercare continues to deliver a large investment programme over the next three years. More >>
ComCom Warns Of Pyramid Schemes After South Auckland Scammers Plead Guilty
Thursday, 10 April 2025, 12:05 pm | Commerce Commission
The Commission took Frances Saimone and Patricia Pousini to court after hundreds of people were recruited into the cash-based gifting scheme known as ‘6K Gifting Co-operative’ (6K) with the promise of a return of up to $6,000. More >>
Alpine Energy Issued With Formal Warning; Commission Secures $16.9m In Customer Refunds + $1.5m For Community Fund
Wednesday, 9 April 2025, 8:57 am | Commerce Commission
In deciding on the appropriate enforcement action, Commissioner Vhari McWha says the Commission’s focus was on ensuring Alpine returned the money it had overcharged customers with additional funds committed in recognition of the harm the error caused ... More >>
